iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Shares Shorted: Short Interest Up 605.8% in September

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 168,244 shares, a growth of 605.8% from the August 31st total of 23,837 shares. Based on an average daily trading volume, of 105,255 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.5% of the company’s shares are short sold.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

CMDY stock traded down $0.77 during trading on Friday, reaching $64.36. The company had a trading volume of 85,676 shares, compared to its average volume of 81,038. iShares Bloomberg Roll Select Commodity Strategy ETF has a 52 week low of $47.63 and a 52 week high of $66.16. The business has a 50 day moving average of $62.10 and a 200 day moving average of $60.14.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Advisors Preferred LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the first quarter worth about $163,000. Seaside Wealth Management Inc. lifted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% during the fourth quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after purchasing an additional 535 shares during the last quarter. Noble Wealth Partners LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 2nd quarter worth approximately $286,000. Valmark Advisers Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 5.8% in the 1st quarter. Valmark Advisers Inc. now owns 6,605 shares of the company’s stock worth $392,000 after purchasing an additional 360 shares in the last quarter. Finally, Pullen Investment Management LLC boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.7% in the 1st quarter. Pullen Investment Management LLC now owns 9,114 shares of the company’s stock worth $542,000 after purchasing an additional 237 shares in the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.